New CFIRE Report Presents Ways to Finance Energy Projects in Buildings
As renewable-energy sources and sustainable building technologies grow, the functionality, financial performance and resilience of the built environment in the United States is increasingly linked to the energy sector. Today, during Building Innovation 2016: The National Institute of Building Sciences Annual Conference and Expo, held in Metropolitan Washington, D.C., the Institute’s Council on Finance, Insurance and Real Estate (CFIRE) released a new report: Financing Energy-Efficiency and Renewable-Energy Projects.
This report examines the current and potential roles of three key equity investing structures in capitalizing the sustainable and energy-efficient development and retrofit of investment-grade commercial buildings and renewable-energy production. The report evaluates the effectiveness of these vehicles—Real Estate Investment Trusts (REITs), Master Limited Partnerships (MLPs) and Yieldcos—in accessing the public capital markets and recommends needed legislative and regulatory changes.